Lowe's Foundation Tops $60 Million in Skilled Trades Training, Expanding Its Partner Ecosystem Across 30 States
Lowe's Foundation, affiliated with Lowe's (NYSE: LOW), announced nearly $8 million in new Gable Grants to 10 community and technical colleges, bringing its total skilled trades training investment since 2023 to over $60 million.
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Lowe's Foundation, affiliated with Lowe's (NYSE: LOW), announced nearly $8 million in new Gable Grants to 10 community and technical colleges, bringing its total skilled trades training investment since 2023 to over $60 million. The foundation now supports 73 workforce development organizations across 30 states.
These grants target high-demand fields such as HVAC, electrical, plumbing, carpentry and construction, using approaches like bilingual instruction, mobile labs, employer partnerships and immersive hands-on learning. They form part of the foundation’s expanded $250 million commitment to train and develop 250,000 skilled trades professionals by 2035.
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News Market Reaction – LOW
On Jul 27, the day this news came out, LOW closed 1.88% above the previous close.
Data tracked by StockTitan Argus for the Jul 27 session.
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10 New Gable Grants to Community Colleges bring national network of foundation partners to 73, helping revitalize America's infrastructure
Summary
- The Lowe's Foundation announced nearly
in new Gable Grants for 10 community and technical colleges, bringing its total investment in skilled trades training to more than$8 million since 2023 and expanding its national ecosystem of partners to 73 workforce development organizations in 30 states.$60 million - The grants address America's critical skilled trades workforce shortage by expanding training in high-demand fields, including HVAC, electrical, plumbing, carpentry and construction, increasing access through innovative approaches such as bilingual instruction, mobile training labs, employer partnerships and immersive hands-on learning.
- The Gable Grants are part of the Lowe's Foundation's
commitment to train and develop 250,000 skilled trades professionals by 2035, combining strategic investments, a national community of learning and initiatives like the Building Back America's Trades docuseries to strengthen the future skilled trades workforce.$250 million
To continue to address this growing workforce challenge, the Lowe's Foundation today announced nearly
"Over the past three years, the Lowe's Foundation has built a national flywheel that is connecting educators, workforce organizations and community partners and strengthening the skilled trades workforce," said Janice Dupré, Lowe's executive vice president of human resources and president and chair of the Lowe's Foundation. "Funding is just one part of the equation; our greatest impact comes from bringing the entire ecosystem together. We are proud to help lead this collaborative model, to train and develop skills trade professionals to serve across multiple industries and companies."
These grants are part of the Lowe's Foundation's expanded
The new Lowe's Foundation Gable Grants support the following community and technical colleges:
Chattahoochee Technical College (
Dixie Technical College (
Durham Technical Community College (
Elaine P. Nunez Community College (
Mountwest Community and Technical College (
Wichita State University Campus of Applied Sciences and Technology (WSU Tech) (
York Technical College (
To explore more about the Lowe's Foundation's work, sign up here for its quarterly newsletter.
About The Lowe's Foundation
The Lowe's Foundation, an independent 501(c)(3) organization founded by Lowe's, is solving the critical skilled trades labor shortage and helping fulfill dreams for the next generation of Pros. By 2035, the Lowe's Foundation will invest
Media Contacts
Courtney Wegel
Lowe's Foundation
Courtney.Wegel@lowes.com
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SOURCE Lowe’s Foundation
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